PenFed CLI $1,500 -> $7,500

It's been seven months since I joined PenFed. I had joined very fresh during the rebuild process. I took the plunge just now and requested a CLI on my PowerCash Visa, and they bumped me from $1,500 to $7,500, with instant approval and the option to do balance transfers. That's with a utilization of 11% across all cards, with 10% on the PenFed. My first Visa SIGNATURE card! Woot!

Grand total of unsecured credit as of July 2019: $31,300

Started at $1,500 in November 2018.

Current utilization: 11% (had to buy a new washer and dryer AND tires ugh)...

Re: PenFed CLI $1,500 -> $7,500

Thanks! I'm so disappointed with Disco and Capital One, though. I guess they really have tightened up. They refuse to budge. But, no biggie. Into the sock drawer they go! I travel quite a lot internationally, and good luck getting a Discover card accepted ... anywhere. Capital One doesn't charge foreign transaction fees, but they also don't do chip-and-pin, so yeah. Disco is now my Netflix card, and Capital One is my myfico card. lol

Re: PenFed CLI $1,500 -> $7,500

I feel ya! Both lenders have been stingy with me as well. My QS is bucketed so that’s getting the axe soon. I still love my Discover, but it’s like pulling teeth with them trying to get it to grow. Hopefully they’ll show me some love soon. Glad to both for giving me a chance though.

Re: PenFed CLI $1,500 -> $7,500

@KLEXH25 wrote:I feel ya! Both lenders have been stingy with me as well. My QS is bucketed so that’s getting the axe soon. I still love my Discover, but it’s like pulling teeth with them trying to get it to grow. Hopefully they’ll show me some love soon. Glad to both for giving me a chance though.

It's true. They did give me a shot, and they did give me the boost to move on to bigger and better things. I'll remember them fondly, but reach out to them infrequently. :-P As a teacher, I'm familiar with giving people a fair shot and having them forget about me. lol But, they're banks. They don't give a toss if I fall off the face of the earth as long as I pay them.

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